“In the coming weeks, Kay’s memory will be honored in several very special ways that allow us to pay tribute to Jeanne in the remarkable manner she deserves,” "Young And The Restless" executive producer Jill Farren Phelps said in a statement. “It is an extraordinary story that will bring the residents of Genoa City together to remember this woman they all loved.”

Watch a sneak peek of Jill (Jess Walton) at the beginning of Kay's goodbye storyline below:

"The Young And The Restless" airs on weekdays at 12:30 p.m. ET on CBS.